Brown Shoe Company, Inc. has reported a 9.8% rise in net sales for the fourth quarter to $476.5 million from $433.8 million in the year-ago quarter and a 6% increase in net sales for the 52 weeks of fiscal 2004 at $1.942 billion compared to $1.832 billion for the 52 weeks of fiscal 2003. Fourth quarter net earnings were $8.5 million, versus $4.7 million in the year-ago period. For fiscal 2004, Brown Shoe net earnings were $43.3 million compared to $46.2 million on a restated basis in fiscal 2003.

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